Laurentian Bank of Canada to Issue Quarterly Dividend of $0.47 (TSE:LB)

Laurentian Bank of Canada (TSE:LB) announced a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Saturday, August 1st will be given a dividend of 0.47 per share on Saturday, August 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Tuesday, June 30th.

Laurentian Bank of Canada Price Performance

TSE LB opened at C$40.57 on Friday. The stock’s 50 day simple moving average is C$40.33 and its 200 day simple moving average is C$40.18. Laurentian Bank of Canada has a one year low of C$29.51 and a one year high of C$40.77. The firm has a market cap of C$1.82 billion, a PE ratio of 130.87, a price-to-earnings-growth ratio of 0.76 and a beta of 1.24.

Laurentian Bank of Canada (TSE:LB) last issued its quarterly earnings data on Friday, May 29th. The company reported C$0.46 earnings per share (EPS) for the quarter. The firm had revenue of C$236.16 million during the quarter. Laurentian Bank of Canada had a return on equity of 1.01% and a net margin of 1.36%. As a group, equities analysts expect that Laurentian Bank of Canada will post 3.8414986 earnings per share for the current year.

About Laurentian Bank of Canada

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.